A heart attack? But why? The Renzi decree reforming the large cooperative banks ignites the debate between supporters and critics, represented here by Franco Debenedetti and Gianfranco Fabi in the new essay "Popolari addio" published by Guerini and associates for the successful series "Si, sì, No, no" which intelligently compares two opposing theses for each of the chosen themes.
The discussion on cooperative banks is introduced by Giulio Sapelli, intellectual of race and professor of Economic History at the State University of Milan, for whom the problem is not to oppose innovation but to safeguard the relationship between the bank and the territory, and by Lodovico Festa , who believes that yet another intervention on banks without a systemic vision should be avoided.
The cooperative model of the Popolari “one person one vote”, argues Senator Debenedetti also on the basis of personal experiences, gives rise to opacity and managerial dysfunctionality. Having lost the original mutualist spirit, the adoption of the "one share one vote" model would have been advantageous for some time; now, with the banking union, it becomes undelayable. The former deputy director of the Sole-24 Ore, Fabi, on the other hand, sees the reform as a whodunit: “There is the victim: the large cooperative banks. There is the culprit: the Government. There is the murder weapon: the decree law of 20 January. There are accomplices: Parliament. There is the mandate: the Bank of Italy and, in the background, the European Central Bank”.
An easy book to read.
